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Exclusive: Tesla says it received battery quotes from China's Lishen but no deal agreed

4 hours ago DieselGasoil Comments Off on Exclusive: Tesla says it received battery quotes from China's Lishen but no deal agreed
BEIJING (Reuters) – Tesla Inc (TSLA.O) said on Tuesday it had received quotes from Tianjin Lishen to supply batteries for its new Shanghai electric car factory but had not signed any agreement with the Chinese firm. FILE PHOTO: Visitors are seen at the booth of Lishen Battery at a new energy expo in Beijing, China Read More

Exclusive: Tesla in talks with China's Lishen over Shanghai battery contract – sources

6 hours ago DieselGasoil Comments Off on Exclusive: Tesla in talks with China's Lishen over Shanghai battery contract – sources
BEIJING (Reuters) – Tesla Inc (TSLA.O) has signed a preliminary agreement with China’s Tianjin Lishen to supply batteries for its new Shanghai car factory, as it aims to cut its reliance on Japan’s Panasonic (6752.T), two sources with direct knowledge of the matter said. FILE PHOTO: Visitors are seen at the booth of Lishen Battery Read More

Macedonia takes emergency measures as smog engulfs cities

11 hours ago DieselGasoil Comments Off on Macedonia takes emergency measures as smog engulfs cities
A woman covers her face as air pollution reaches dangerous levels in Skopje, Macedonia January 21, 2019. REUTERS/Ognen Teofilovski SKOPJE (Reuters) – The Macedonian government has extended the school break until Jan. 23 and introduced measures to protect people from dangerous air pollution levels which have soared to 10 times above the European Union’s regulatory Read More

Enbridge oil pipeline rationing eases little after curtailment

12 hours ago DieselGasoil Comments Off on Enbridge oil pipeline rationing eases little after curtailment
By Robert Tuttle on 1/21/2019 Canada pipeline construction. Photo: Enbridge. CALGARY (Bloomberg) — A month into Alberta’s mandatory oil curtailment and rationing on the country’s biggest heavy-crude export  pipeline system has eased, but very little. Apportionment, the percentage by which each shipper’s nominated volume is reduced in order to meet a pipeline’s capacity, will be Read More

Canadian oil surge fails to lift producers out of the doldrums

1 day ago DieselGasoil Comments Off on Canadian oil surge fails to lift producers out of the doldrums
By Kevin Orland on 1/20/2019 Photo: Whitecap Resources. CALGARY (Bloomberg) — Alberta’s crude curtailment plan has caused a dramatic rise in the price of heavy Canadian oil. But for shares of energy companies, it hasn’t been as much of a help. Since the production curtailment was unveiled early last month, Western Canadian Select crude has Read More

How OPEC is helping U.S. oil reach a tipping point

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By Julian Lee on 1/20/2019 Photo: OPEC building. NEW YORK (Bloomberg Opinion) — The U.S. Energy Information Administration has published its first detailed monthly oil forecast for 2020 and it shows something that should strike fear into the hearts of OPEC ministers — from the fourth quarter, America will export more oil than it imports. Read More

Flash freeze of melting snowstorm seen icing over U.S. Northeast

2 days ago DieselGasoil Comments Off on Flash freeze of melting snowstorm seen icing over U.S. Northeast
NEW YORK (Reuters) – Plunging temperatures after a wet winter storm dumped more than a foot of snow on parts of the U.S. Northeast were expected to flash freeze much of the region on Sunday and make travel dicey during the Martin Luther King Jr. holiday on Monday. FILE PHOTO: The U.S. Capitol is seen Read More

Lindsey Graham warns of ‘Iraq on steroids’ if Trump doesn’t delay Syria withdrawal

2 days ago DieselGasoil Comments Off on Lindsey Graham warns of ‘Iraq on steroids’ if Trump doesn’t delay Syria withdrawal
Sen. Lindsey Graham says Syria might face the same bleak future Iraq saw when the US pullout in 2011 arguably gave rise to Islamic terrorism there, warning that sending US troops home will turn it into “Iraq on steroids.” Graham (R-SC), who has styled himself as one of the main opponents of the withdrawal of Read More

Lindsey Graham warns of 'Iraq on steroids' if Trump doesn't delay Syria withdrawal

2 days ago DieselGasoil Comments Off on Lindsey Graham warns of 'Iraq on steroids' if Trump doesn't delay Syria withdrawal
Sen. Lindsey Graham has said that Syria might face the same bleak future Iraq saw when the US pullout in 2011 arguably gave rise to Islamic terrorism there, warning that sending US troops home will turn it into “Iraq on steroids.” Graham (R-South Carolina), who has styled himself as one of the main opponents of Read More

GM warns workers in Brazil on losses, tough turnaround plan

3 days ago DieselGasoil Comments Off on GM warns workers in Brazil on losses, tough turnaround plan
SAO PAULO (Reuters) – General Motors Co (GM.N) has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday. The GM logo is seen at the General Motors headquarters in Sao Caetano do Sul, Brazil March Read More